Too many charts , too little explanation.
What are the most important things for Technical Analysis?
- Thread starter iamnewuser911
- Start date
I finally went all Bill Williams and looked for fractals and used candlesticks.
Bill Williams 6-mo.:
Candlesticks
Daily
Moving Average, Simple (21) (teeth)
Donchian Channel (20) (support and resistance)
Donchian Channel (20) (support and resistance)
Moving Average, Simple (13) (lips)
Moving Average, Simple (33) (jaw)
MACD Oscillator (3,10,16) (LBR 3-10 Oscillator used as an Accelerator Oscillator)
MACD Oscillator (5,34,5) (Awesome Oscillator)
1-yr. daily, 2-yr. weekly, 5-day intraday versions also.
My Sweet Spot 1-yr. daily
Barchart Screener
My Sweet Spot:
20-50 DAY MACD SIGNAL
Buy
50-100 DAY MACD SIGNAL
Sell
20 DAY MA SIGNAL
Buy
10-8 DAY MA HILO SIGNAL
Buy
General trading system rules:
If you can buy and sell ETFs well, there’s no need to trade anything else.
Don’t ever trade volatility and hardly ever trade bonds.
Make every purchase less than one percent of your portfolio.
Buy funds off of the My Sweet Spot list only, particularly a fund which will soon go above the 50,100 zero line.
Buy when the fractals are bullish, particularly when the Awesome Oscillator is going up through the histogram.
Never buy more of a fund you’re showing an overall loss in.
Sell when the fractals are bearish or sooner if you’re nervous.
Bill Williams 6-mo.:
Candlesticks
Daily
Moving Average, Simple (21) (teeth)
Donchian Channel (20) (support and resistance)
Donchian Channel (20) (support and resistance)
Moving Average, Simple (13) (lips)
Moving Average, Simple (33) (jaw)
MACD Oscillator (3,10,16) (LBR 3-10 Oscillator used as an Accelerator Oscillator)
MACD Oscillator (5,34,5) (Awesome Oscillator)
1-yr. daily, 2-yr. weekly, 5-day intraday versions also.
My Sweet Spot 1-yr. daily
Barchart Screener
My Sweet Spot:
20-50 DAY MACD SIGNAL
Buy
50-100 DAY MACD SIGNAL
Sell
20 DAY MA SIGNAL
Buy
10-8 DAY MA HILO SIGNAL
Buy
General trading system rules:
If you can buy and sell ETFs well, there’s no need to trade anything else.
Don’t ever trade volatility and hardly ever trade bonds.
Make every purchase less than one percent of your portfolio.
Buy funds off of the My Sweet Spot list only, particularly a fund which will soon go above the 50,100 zero line.
Buy when the fractals are bullish, particularly when the Awesome Oscillator is going up through the histogram.
Never buy more of a fund you’re showing an overall loss in.
Sell when the fractals are bearish or sooner if you’re nervous.
Buy your crystal ball on ebay auction
LOL
Why use Auction on eBay...just use Buy It Now for faster delivery of your crystal ball,
Total Solar Eclipse. Aug 21, 2017
Make Trading Great Again...last happened 99 years ago,
lol avoid buy at market, use limit priceWhy use Auction on eBay...just use Buy It Now for faster delivery of your crystal ball,
Total Solar Eclipse. Aug 21, 2017
Make Trading Great Again...last happened 99 years ago,
Fortunately, I discovered AIMS Stress Free Trading. Unfortunately, I can't afford to use real AIMS charting software yet...
Bill Williams 6-mo.:
Candlesticks
Daily
Moving Average, Simple (21) (teeth, red line)
Donchian Channel (20) (support and resistance)
Donchian Channel (20) (support and resistance)
Moving Average, Simple (13) (lips, green line)
Moving Average, Simple (33) (jaw, blue line)
Moving Average, Simple (105) (teeth on a 5X timeframe, purple line)
MACD Oscillator (3,10,16) (LBR 3-10 Oscillator used as an Accelerator Oscillator)
MACD Oscillator (5,34,5) (Awesome Oscillator)
Donchian Channel (5) (AIMS Box)
Also 1-year daily, 2-year weekly and 5-day intraday versions
Bill Williams 6-mo.:
Candlesticks
Daily
Moving Average, Simple (21) (teeth, red line)
Donchian Channel (20) (support and resistance)
Donchian Channel (20) (support and resistance)
Moving Average, Simple (13) (lips, green line)
Moving Average, Simple (33) (jaw, blue line)
Moving Average, Simple (105) (teeth on a 5X timeframe, purple line)
MACD Oscillator (3,10,16) (LBR 3-10 Oscillator used as an Accelerator Oscillator)
MACD Oscillator (5,34,5) (Awesome Oscillator)
Donchian Channel (5) (AIMS Box)
Also 1-year daily, 2-year weekly and 5-day intraday versions
Utilize Prudent Risk Management.
Barchart TrendSpotter Holds and TrendSpotter Buys are also good places to look for funds to buy, I have found.
AIMS Turtle 6-mo.:
Candlesticks
Daily
Moving Average, Simple (21) (teeth, red line)
Moving Average, Simple (13) (lips, green line)
Moving Average, Simple (33) (jaw, blue line)
Moving Average, Simple (105) (teeth on a 5X timeframe, purple line)
MACD Oscillator (3,10,16) (LBR 3-10 Oscillator used as an Accelerator Oscillator)
MACD Oscillator (5,34,5) (Awesome Oscillator)
MACD Oscillator (13,33,5) (Gator Oscillator)
Donchian Channel (10) (Turtle Channel)
Donchian Channel (20) (Turtle Channel)
Donchian Channel (55) (Turtle Channel)
Also 1-year daily, 2-year weekly and 5-day intraday versions
General trading system rules:
Buy when the Awesome Oscillator goes up lively close to the zero line and close to a 20-day or 55-day Donchian Channel breakout.
Set a mental stop just below the 10-day Donchian Channel. Never set a real stop. Keep track of what you have that is trading under the 20-day moving average instead of using a real stop.
If it looks too sluggish, limited or volatile, don’t buy it.
Candlesticks
Daily
Moving Average, Simple (21) (teeth, red line)
Moving Average, Simple (13) (lips, green line)
Moving Average, Simple (33) (jaw, blue line)
Moving Average, Simple (105) (teeth on a 5X timeframe, purple line)
MACD Oscillator (3,10,16) (LBR 3-10 Oscillator used as an Accelerator Oscillator)
MACD Oscillator (5,34,5) (Awesome Oscillator)
MACD Oscillator (13,33,5) (Gator Oscillator)
Donchian Channel (10) (Turtle Channel)
Donchian Channel (20) (Turtle Channel)
Donchian Channel (55) (Turtle Channel)
Also 1-year daily, 2-year weekly and 5-day intraday versions
General trading system rules:
Buy when the Awesome Oscillator goes up lively close to the zero line and close to a 20-day or 55-day Donchian Channel breakout.
Set a mental stop just below the 10-day Donchian Channel. Never set a real stop. Keep track of what you have that is trading under the 20-day moving average instead of using a real stop.
If it looks too sluggish, limited or volatile, don’t buy it.